Fibocom Wireless Concludes Stabilization Period Without Exercising Over-allotment Option
Fibocom Wireless Inc. concluded its stabilization period for its Global Offering on November 16, 2025, without exercising the Over-allotment Option. CLSA Limited managed over-allocations and purchases of H Shares, representing 15% of total Offer Shares. No additional H Shares were issued, ensuring compliance with public float requirements and maintaining market position.
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The latest announcement is out from Fibocom Wireless, Inc. Class H ( (HK:0638) ).
Fibocom Wireless Inc. announced the conclusion of its stabilization period for its Global Offering, which ended on November 16, 2025. During this period, the stabilization manager, CLSA Limited, conducted over-allocations and purchases of H Shares, representing about 15% of the total Offer Shares. The Over-allotment Option was not exercised, resulting in no additional H Shares being issued. The company remains compliant with public float requirements, maintaining its market position and ensuring regulatory adherence.
More about Fibocom Wireless, Inc. Class H
Fibocom Wireless Inc. is a joint stock company incorporated in the People’s Republic of China, operating in the wireless communication industry. The company is focused on providing wireless communication solutions and services, with a market presence that includes offering shares on the Hong Kong Stock Exchange.
Average Trading Volume: 4,779,569
Learn more about 0638 stock on TipRanks’ Stock Analysis page.
